Rabat – Morocco sees a marked easing in import prices during the third quarter of 2025, largely due to falling energy and equipment costs, while export prices register a slight increase, data from the High Commission for Planning (HCP) show.
According to the HCP’s latest quarterly indicators, the country’s import unit value index declined by 5.8% compared to the same period a year earlier.
Over the same quarter, export unit values rose by a limited 0.4%, reflecting mixed price dynamics across sectors.
The drop in import prices mainly stems from significant declines in industrial inputs. Prices for finished industrial equipment and semi-finished goods fell by 8.7%, while energy and lubricant costs recorded a sharper contraction of 11.6%.
These movements ease overall import bills at a time when global commodity prices remain volatile.
Additional downward pressure comes from consumer-related categories. Import prices for food, beverages, and tobacco decrease by 3.8%, while finished consumer goods drop by 3.1%. Raw products of animal and plant origin also trend lower, with unit values down 2.3%.
Export prices, by contrast, edge higher, supported by stronger pricing in select segments. Semi-finished products stand out, with unit values climbing by 10.7%, alongside a 4.1% increase for raw mineral products.
This upward movement, however, remains constrained by sharp price corrections in other export categories.
Energy and lubricant export prices plunge by 22.3%, while raw animal and plant products fall by 17.3%.
Export prices for food, beverages, and tobacco decline by 3%, with additional decreases recorded for industrial equipment and finished consumer goods.
The data point to a favorable cost environment for imports, driven by lower energy and equipment prices, while export performance continues to reflect uneven price developments across Morocco’s main product groups.
